If you’ve been struggling to keep your hotel afloat, now is the very best time to seek a hotel mortgage workout.
With the holiday season quickly approaching, you should be expecting a boost in business. According to Fox 8, about 43% of Americans planning to travel during the holidays prefer staying at a hotel as opposed to staying with family members.
This is especially relevant for hotels located in cities that are not large tourist attractions. You can still maintain a successful business by being aware of the influx of people visiting family in your town.
To reap these holiday benefits, you need to get your investment in a better financial standing. Enter a hotel mortgage workout. With a competent, dedicated advisors on your side, you can renegotiate your terms to benefit your business as well as your wallet.
Never underestimate the impact of a knowledgeable professional to help you navigate the landmine that is a mortgage workout or modification. With creditor, lending and business experience, GFCIB and Advisors, LLC is your dream team to see you through your hotel mortgage workout.